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FBR Introduces Penalties And Seizures For Fake Invoice Violations

12-Sep-2026
The Federal Board of Revenue (FBR) has introduced severe penalties to discourage the issuance of fake or “flying” invoices. A registered taxpayer found, after receiving notice and undergoing adjud...
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FBR Introduces Penalties And Seizures For Fake Invoice Violations

Petrol Reaches Rs375.82, Diesel Crosses Rs400 Per Litre

12-Sep-2026
ISLAMABAD: The government has raised petrol and high-speed diesel (HSD) prices by Rs5.02 and Rs5.28 per litre, respectively, for the three-day period from September 12 to September 14. The latest adju...
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Petrol Reaches Rs375.82, Diesel Crosses Rs400 Per Litre

Government Repurchases Rs585 Billion In PIBs

11-Sep-2026
The government repurchased Rs585 billion worth of five-year floating-rate Pakistan Investment Bonds (PIBs) on Thursday, aiming to lower refinancing pressure on securities due for maturity in 2028-29 w...
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Government Repurchases Rs585 Billion In PIBs

Petrol Hits Rs370.80, Diesel Nears Rs400 Per Litre

11-Sep-2026
ISLAMABAD: Petrol prices have been raised by Rs3.05 per litre and high-speed diesel (HSD) by Rs5.37 for September 11, taking the cumulative increase over the past four days to Rs24.93 for petrol and R...
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Petrol Hits Rs370.80, Diesel Nears Rs400 Per Litre

FBR To Monitor Leather Production In Real Time By December

11-Sep-2026
The Federal Board of Revenue (FBR) is preparing to launch real-time monitoring of leather production by November 2026, with the system expected to achieve complete coverage of all eligible production ...
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FBR To Monitor Leather Production In Real Time By December

Salaried Class Pays Rs91 Billion In Two Months

11-Sep-2026
Pakistan’s salaried workforce contributed Rs91 billion in income tax during the first two months of fiscal year 2026-27, more than twice the combined Rs40 billion collected from the real estate and ...
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Salaried Class Pays Rs91 Billion In Two Months

Pakistan Cuts Import Duties On Mobile Phones For FY2026-27

10-Sep-2026
ISLAMABAD: The government has lowered regulatory duty (RD) and additional customs duty (ACD) on imported mobile phones for the fiscal year 2026-27, with premium smartphones costing more than $500 now ...
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Pakistan Cuts Import Duties On Mobile Phones For FY2026-27

Petrol Rises To Rs367.75, HSD Crosses Rs390 Per Litre

10-Sep-2026
ISLAMABAD: The government has raised the price of petrol by Rs3.40 per litre and high-speed diesel (HSD) by Rs6.72 per litre, with the new rates coming into effect from September 10, 2026.According to...
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Petrol Rises To Rs367.75, HSD Crosses Rs390 Per Litre

FBR To Clear Rs126 Billion In Pending Refunds And Rebates

10-Sep-2026
The Federal Board of Revenue (FBR) has agreed to release around Rs83 billion in long-pending income tax refunds and another Rs43 billion in outstanding rebates within the next two to three months.The ...
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FBR To Clear Rs126 Billion In Pending Refunds And Rebates

Pakistan Approves Automobile Policy With Major EV Tax Incentives

10-Sep-2026
ISLAMABAD: Prime Minister Shehbaz Sharif has approved the draft Automobile Policy 2026-31, which proposes tax incentives for new energy vehicles (NEVs) while maintaining protection for existing conven...
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Pakistan Approves Automobile Policy With Major EV Tax Incentives
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